Incorporating For Hard Money Lending

[Eric Telese]

Hi all. First rental deal in Atlanta metro area is finally under the belt and now looking for the second.

We are looking for hard money lenders to fund the purchase + rehab. (If anyone has some lenders to recommend that would be great!) They require us to be a corporation to lend to.

We are investing in Georgia real estate, while living in NY. Should we become a corporation through NY or through GA state? Do we need an attorney for this process? Lastly, which type of corporation should we chose as small multi-family buy and hold investors?

This topic is pretty new to us so thank you for any advice!

@Rich V.